Near-term net liquidity available to fund the deal
Company: Marathon Digital
The claim, verbatim
MARA cites $2.5B+ near-term net liquidity (cash and BTC less near-term debt), roughly 4x the liquidity needed for the Long Ridge purchase, as of March 31, 2026.
Source (primary)
MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation (IR page (ir.mara.com), ir_presentation)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “$2.5B+ Near-term Net Liquidity Cash and BTC less near-term debt +4x Liquidity2 For Long Ridge Purchase”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The financing slide gives the $2.5B+ figure, its definition and the +4x liquidity multiple, and a footnote dates the multiple as of March 31, 2026.
Confirmed in the source:
- MARA cites $2.5B+ of near-term net liquidity
- Near-term net liquidity is defined as cash and BTC less near-term debt
- MARA cites +4x liquidity for the Long Ridge purchase
- The liquidity multiple is stated as of March 31, 2026
What we did: Read our cached copy of IR page (ir.mara.com) (https://d1io3yog0oux5.cloudfront.net/_8c69f4357a699e228a85d68890478b48/marathondh/db/417/7572/pdf/Project+Leopard+Deck+V2.pdf) in full (19,483 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation
Quote: “$2.5B+ Near-term Net Liquidity Cash and BTC less near-term debt +4x Liquidity2 For Long Ridge Purchase”